Why I stopped worrying and learned to love the currency collapse

[ThePythonicCow]

Thanks to ZeroHedge (http://www.zerohedge.com/news/2013-10-17/guest-post-why-i-stopped-worrying-and-learned-love-currency-collapse) for posting this fine little essay from DeflationLand.blogspot.com (http://deflationland.blogspot.com/2013/10/why-i-stopped-worrying-and-learned-to.html). I quite agree with the conclusion - it's an honor to be living at this time.

Here's the essay, in full:
===============




For the past 300 years, the historical pattern has been for the era marked by a century to continue into the following century by fourteen or fifteen years.

Let me explain. Everyone knows that the 19th Century, its uprightness, its optimism and sense of purpose, the halcyon days of British Empire, came to an end with World War I, starting in 1914 and building to a nasty crescendo by 1916. The 20th Century had arrived, and it had some real horrors in store for us.



http://thepythoniccow.us/SommeMachineGun.jpg

Germans before Kraftwerk
But if we return back another hundred years, we notice that the 18th Century ends in 1815 with the final defeat of Napoleon, that final project of the Enlightenment and of the French Revolution. With the Congress of Vienna in 1814-1815, we have a new Europe along the lines of Metternich's plan, and the 19th Century at last is here.



http://thepythoniccow.us/Napoleons_retreat_from_moscow.jpg

"Sorry, guys. My bad."
In 1713 and 1714, we have the Treaties of Utrecht, Baden, and Rastatt, bringing an end to the era of Spain as a major power, and the rise of the Habsburgs. Louis XIV dies in 1715, after reigning for 72 years. The Baroque period is over, and we are now firmly in the 18th Century.



http://thepythoniccow.us/728px-villars_a_denain1.jpg
War of Spanish Succession

We still live in the 20th Century. Nothing much significant has changed in our lives in the past twenty years. Symptoms of a deeper rot are appearing here and there, foreshadowing a larger crisis, but the crisis itself has not arrived yet. We still live in an era of Pax Americana, the old republic very much a strained and tired Empire now, with the U.S. Dollar as the world's reserve currency.

That is going to change.

The next task for History is to dismantle the untenable structures and institutions put in place by late Modernity, which have been extended now as far as they can go. Our debt-based monetary system will collapse, our unbacked fiats will be worthless. The debts and unmeetable obligations will all default.

There are ironies and great contradictions as the former home and hope of Liberty becomes viciously unfree and increasingly despotic. Our leaders no longer govern, but try instead to rule us -- they are less legitimate with each passing day, their laws corrupt or worse. They are nearly finished, and will be swept away with the tide.

Just as in 1914, the internationalist system will break down, dashing the hopes of the would-be first-world nations. We will probably have a pretty good war as well, or many local ones worldwide. These transitions tend to involve war.

Deflation first -- it clears the way for the complete loss of faith and hyperinflation that will follow. The next big wave down in the financial markets is the battering ram. The U.S. national debt is about faith, so is quantitative easing, and so is the very idea of magical coins that could ever be "worth" a trillion dollars. When this is faith breaks, in concert with loss of faith in perpetual growth and unlimited cheap energy, then things will move very, very quickly.

There is nothing any of us can do at this point, except navigate the rapids as well as possible, and to stay out of the way of a dying empire, which is still very dangerous in its death throes. We are actually very privileged to be alive and witnessing this next transition, to what we do not know just yet. But what an honor to live at this time, not in ignorance but with an existential resolve to come out of it alive and much the wiser.



http://thepythoniccow.us/people_of_walmart_7398.jpg

Ass Americana

[Robin]

I think David Wilcock would agree with a lot of this. I'm starting to draw parallels with current affairs and the American Revolution and will post a thread when I do. The Stamp Act of 1765 parallels quite nice with the current food stamp crisis...

[Sabrina]

I love this Paul. It's the great old controller fear that's keeping the 'normal' people at the bottom of the pyramid still buying into the old system. Yep what a privilege to witness the emergence of something new (with Karen Hudes putting her head way above the parapet). Was having a mad conversation about buying gold with someone yesterday. We concluded that the certificates aren't worth the paper they're written on, and can't carry or afford, or eat the physical stuff. Was quite at relief to dump that mad thought:)...

[Slorri]

Those are good thoughts in that essay.

Now there seems to be a part conclusion in there: "There is nothing any of us can do at this point..."
Indicating that humans are not responsible for the society they create, and that the world governs itself.
Things happen not by chance, but for a reason; And that reason might start as a mental idea.
We share our thoughts and desires collectively.

[Limor Wolf]

So true, Paul. even though, lots of opinions and emotions cross the mind and the heart at this time and at least for me it's a mixed bag

It is a privelage to be here and that may be true for every living being whether consciously acknowledging it or not, It is a historical time in the evolving Earth saga, it is time where every soul makes an impact.

The collapse of the financial system will also collapse many people's belief system and fear will rise to the surface, it will be a cause for a great distress for many and it will not be possible to sit on the side and only observe, we are all going to be a part of this, participants in ways we can not yet imagine, and however prepered we are (physically, emotionally, materialistically, spiritually) , psychologically it is going to be a hugh learning curve for everyone, the aware and the unaware, an opprtunity to get to know different aspects of ourselves.

It is a once in a life time event (of a planet), where humanity will have to decide where it is going and the options are between the sky and the ground, between evolving and devolving, between being free spirits or being robotic with limited spirit, between being our own masters and being othe'rs servents.

The collapse of the financial system may be a short one and quickly bring us towards a NWO reality or it can turn out to be a longer episode where the whole grid will be shaken to it's core.

The following events are bound to wake up even the most sleepy inhbitant on this planet and leave no one oblivious to what is going on, it can be the catalytic event that will turn the plate upside down for our own good, but by no means the only event, it is what we were waiting for.

The Americam market crash can potentially begin a domino effect of a very essential breakdown of existing systems (hopefully the Vatican too) which represent everything that is diseased and unmmoral in our society, let's not forget it can also be a one step further towards an even more evil structure. Sorry for the realistic aspect I am taking here, it is actually niether negative, nor positive, simply real.


Thing will move up , but first they will move down

One thing is for sure, it is a never to repeat itself (at least not for a long while) spiritual opportunity for when our toys are taken from us and we are left with nothing but to face ourselves and what we created so far. The question is how far are we going to take it, but,if it's up to the many of us now and all the ones who are waking up as we speak, it will be very high, way high to the sky..

It is an honor to be here at this time, but more then this, it is a necessity

[RMorgan]

The Americam market crash can potentially begin a domino effect of a very essential breakdown of existing systems (hopefully the Vatican too) which represent everything that is diseased and unmmoral in our society, let's not forget it can also be a one step further towards an even more evil structure. Sorry for the realistic aspect I am taking here, it is actually niether negative, nor positive, simply real.


Hey Limor,

Yeah, if the dollar collapses, the whole world will feel the consequences. However, it´s hard to predict the real scope of such consequences.

By now, I believe most countries are already prepared for the dollar collapse. Thankfully, there have been more than enough time to prepare, given that the US is always postponing the collapse by raising their debt ceiling over and over again...Everybody knows it's just a matter of when, not if.

And yes, I agree with you that we may experience negative change from a bad system to something even worse. However, there really is a chance that the next system will be a better one; not heaven on Earth, but better than the current one. Economically speaking, the US is nothing but an experiment gone wrong; I believe they wont make the same mistake again.

As I said on another thread, if "these folks" like power, they need to build a better economic model, and a better economic model is directly attached to a more balanced wealth distribution. Poverty, long term, is terrible for the economy.

Anyway, my body, my mind and spirit are craving for change. If we just have a realistic chance, we may do better than the last time.

I'm just totally unsure of for how long the US will be able to keep postponing its collapse...Theoretically, they could keep raising their debt ceiling for as long as they want; They´ll just stop when their biggest international creditors say so, and there´s no way to exactly predict when this is going to happen.

Cheers,

Raf.

[spiritguide]

Here is what the international outlook is.... and what needs to change.


China Calls for De-Americanizing

by Stephen Lendman

It’s an idea whose time has come. On October 13, China’s official press agency Xinhua headlined “Commentary: US fiscal failure warrants a de-Americanized world.” More on this below.

Thomas Jefferson once warned:

“If the American people allow the banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and corporations that will grow up around them will deprive people of all property until their children will wake up homeless on the continent their fathers occupied.”

“The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs.”

Money power in private hands doesn’t work. It bears full responsibility for today’s crisis.

Wall Street and other monied interests wreak havoc worldwide. They profit at the expense of ordinary people. They do it ruthlessly. They do it destructively. It’s high time that changed.

A previous article said America has been declining for decades. It’s going the way of all empires.

It’s dying a slow death. It’s epitaph one day may read hubris and overreach killed it. Misguided policies don’t work.

Chalmers Johnson called it the same dynamic that doomed past empires – “isolation, overstretch, the uniting of local and global forces opposed to imperialism, and in the end bankruptcy.”

The “combination of huge standing armies, almost continuous wars, military Keynesianism, and ruinous military expenses have destroyed our republican structure in favor of an imperial presidency.”

America is declining “for the sake of keeping our empire,” Johnson stressed.

In his book titled, “The World in Crisis: The End of the American Century,” historian Gabriel Kolko said America’s decline “began after the Korean War, was continued in relation to Cuba, and was greatly accelerated in Vietnam.”

Immanuel Wallerstein believes America began declining since the 1970s. Post-9/11, it accelerated.

“(T)he economic, political and military factors that contributed to US hegemony are the same (ones) inexorably produc(ing) (America’s) decline,” he said.

On October 15, he headlined “The Samson Complex.”

“We have a lot of putative Samsons these days,” he said. They’re “blocking or seeking to block what they consider dangerous ‘compromises.’ ”

Ongoing Washington squabbles are Exhibit A. “It is not hard to show (they’re) pulling the house down, not only on the enemy but on themselves.”

“(T)he temple is crumbling” in plain sight. Wallerstein hopes for transition from today’s world-system to something entirely different. Everything is possible, he says – “possible but far from certain.”

Link to rest of article from VT.....

http://www.veteranstoday.com/2013/10/17/china-calls-for-de-americanizing/

Good read on the subject.

Peace!

[ghostrider]

If the dollar is no longer the world's reserve currency , overnight the price of everything will go up and the dollar will be worth 50 cents ... The entire monetary system is sooo doomed and everyone know's it , I'm still glad to be alive because of dec 21, 2012 , we were lucky to be part of an event that only happens every 25,860 years ...
as we move from one spriral arm to another ... there is alot of first time events these days ... so kewl that we ride the rollercoaster together, money is an illusion anyway , just green paper with presidents faces ... like that is more important than someone who can make a good blanket from scratch ... a place more value on something you can use rather than their silly green paper ...

[TargeT]

the US is nothing but an experiment gone wrong; I believe they wont make the same mistake again.

As I said on another thread, if "these folks" like power, they need to build a better economic model, and a better economic model is directly attached to a more balanced wealth distribution. Poverty, long term, is terrible for the economy.


I don't think you are being empathetic enough with "tptb" (if there is such a thing, maybe we should just say Archons?). If I were to engineer a colossal "pump and dump" scheme I would do exactly as the USA Empire has done, then shift to the Asian content and do the same (gee, that sounds exactly like what is happening now...). Failed? no... perfectly executed? yes....


Poverty, long term, will not exist (remember, "these people" (or should we just call them Archons?) do not think "long term" is a span of 10-20 years... that is extremely short term actually) when the asian middle class does the same thing the USA middle class does, why the whole thing will start all over, the same patterns will exhibit themselves, we will see the west written east and future generations may catch onto this (in the eyes of "TPTB" hopefully not..).


I think we are in a different time now, maybe astrologically, maybe consciously (collectively consciously) or maybe something else... to many are "getting" the patterns, seeing what isn't suppose to be seen.


I have hope.


Money power in private hands doesn’t work. It bears full responsibility for today’s crisis.

I wonder what the offered alternative is... money in government hands?

yes, I think that will be the next 100 years (maybe more) of failure should things not change (which I truly think they will/are)

[grannyfranny100]

This is all heart-felt verbiage but frankly, I find it difficult enough living this life without things getting worse and the direction has been obvious for many decades.

I disagree with the essay. We have had decades to institute change but people did not do so. They just became hardened to the ever increasing vulgarity, brutality, coarseness, lewdness, selfishness and lack of civility of each passing generation. Instead they bought into it, settled for a superficial consumer mindset and passively accepted their role of well-kept, poorly educated and ill-mannered slaves.

So much of what is often said on Avalon threads sounds like a pep rally. I am not sure how helpful I can be when people lose their cheerleading mentality and have to face stuff they hadn't even considered.

I hear a few anarchist types that can't wait for everything to fall apart so they can just sit around dreaming up all the good stuff they expect will materialize out of nowhere. Meanwhile religious fundamentalists are going "yea God, thanks for the end times." And macho guys seem to be all ready for a good rebel-rousing fight to unleash their frusteration.

Maybe it is because I am old and falling apart. I lack the vigor I once had to create my life in a meaningful manner and to share my vision with and for others. Now I keep enough pills around to check off the planet if it gets to crazy for my tastes.

I suspect that most of the "keep up the good spirit stuff" is consoling to most folks, but I think a lot of it is naive at best and that folks will really crumble. When and if drastic change happens abruptly, just absorbing the pain, suffering, terror and horror of their vibes will hard to tolerable without seeing it first hand.

We are living in extremely grave times and few are acknowledging it. I stopped going to movies in the 1980's because of the violence and dumped my TV in the 1990s because of the overstimulation people need to just feel alive.

I pray that people like Karen Hudes can accomplish a smooth transition for all of us. Otherwise I can not bear the panic, fear, outrage, anger and neediness that will envelop us. Unfortunately, I do not think that people are taking all this seriously enough or they would have been taking action before now.

Instead people just narcissistically and increasingly indulged in the sybaritic pleasures their dulled senses could still absorb while they became increasingly irresponsible which suits the NWO cabals just fine. As James Horak has said if I may paraphrase, most people will not wake up until they lack food for a few days.

Sorry folks, but I don't think a cheerleading rally will be enough to face a harsh, abrupt transition and at my age, I don't have the strength to carry the load for those who do not recognize the severity of what they are creating.

[Etherios]

I want to disagree with Paul on this ... you see the pattern as a "natural" thing but i believe its planed. The ones controlling the world behind the scenes are the ones that dismantle the old systems when they are sure to fully control the next system that will arise. Thats why we keep getting more and more centralized powers and more and more injustice in the planet.

yes if we follow the pattern we should expect a world war very soon and then a new system will pop up after the old has been dismantled. So the bankers escape from their debts and i am 100% sure the new system will be less free than the current one.

i honestly hope i am totally wrong on this ...

[soleil]

would there be poverty if we all had what we needed to be propserous?
seeds, for food and barter/trade
skills, for barter and trade
family, for love/share of the new life work load
community, for support

how do we make these "currencies" work for us, starting now?
bc to me, theres nothing worse than being unprepared for the new life without making a transition now. like just wait until no one knows what they have or what theyre good at; when SHTF?

if we were to pave the way, how do we want it to go?

[Selene]

Sway, you’re asking the right questions:


how do we make these "currencies" work for us, starting now?

bc to me, there’s nothing worse than being unprepared for the new life without making a transition now. like just wait until no one knows what they have or what they’re good at; when SHTF?

if we were to pave the way, how do we want it to go?

The short, simple answer: Diversify, diversify, diversify your money, your savings, your stash. Now. Put your savings and whatever into as many other currencies as you can, even if you can’t get bank account interest these days. (Which is what – ¼%? Big furry deal compared to your currency risk.) Escape/evade/buffer the US/Canuck dollar collapse any way you are able.

Can you exchange some of your US/CDN dollars for Euros, British pounds, Swiss francs or Chinese yuan at a money exchanger? Do it. Pay the commission and stash the resulting bills in your safe deposit box. Do a few each pay check. But stash other non-US dollar-linked currencies under the proverbial mattress, for sure. This will be life support.

If you have access to a savings or other bank account denominated in an offshore currency, use it. Lucky you.

Because what most people don’t “get” about a currency collapse – and don’t even get me started on currencies in general ;-) – is that if your whole money/income/pocketbook/pension/savings is confined to the collapsing domestic currency, your ordinary household expenses will increase exponentially and your money’s value will collapse because all your real stuff is now imported from another more stable and expensive currency. That’s where you will be screwed. Bigtime.

Look at it this way: All Americans lo-o-o-o-ve to pay only $19.95 US bux for a great pair of fancy and beautifully made running shoes, right? Life support. And only $3.99 for the matching T-shirt. Imported from China, of course. Sweet bargain, yes.

But what if those shoes suddenly cost $190.95? (And that's the cheapest price anywhere for the next decade?) And the T-shirt is $39.95? And your money is suddenly worth only a penny on the dollar... That’s currency collapse. Your currency has become worthless. But you’ve still gotta eat. Or shop. Or whatever. You’ve got kids.

And most Americans – and Canucks – have no clue how much of their daily lives are dependent on imported goods, foods and even services. All of it, is the short answer. All of it. Yes.

Don’t depend on selling your national wood or your water at a big profit if your destroyed currency means that other more financially stable parties can buy you up at bargoon prices. They will. Period.

Welcome to the new Third World: yours.

Diversify, diversify, diversify. Dig through the small print on your retirement account, your mutual funds, your whatever. Find another currency, do the paperwork. Get out. Get out. Get out.

There will be enough rain to drown everybody. Don’t be an idiot; build your own life raft.

Regards,

Selene

[grannyfranny100]

Etherios. I totally agree that the patterns described in the essay are planned events to benefit the cabals' agendas. We are told to believe this scenerio is the natural course of events to gain our passive acceptance. We are not suppose to question anything.

So many of us questioned a war with Syria that TPTB backed off and many nations turned a cold shoulder to Obama's U.N. propaganda speech. In fact TPTB backed off easier than I imagined. No doubt they will try again but they did discover more resistance here and abroad than they expected. They want tyranny but we can stand up to them.

Many powerful people abroad seem to recognize that and showed their support of us including the UK parliament and Russia's Putin. Nations are forming alliances such as BRIC. They aren't against us but against our leadership. They want all nations to collaborate to form systems that are not totally controlled by the cabals.

The big problem seems to be that our citizens have been so dumbed down that they accept our controlled media's messages rather than experiencing the open hand that other nations are extending to us.

[Antagenet]

Sorry folks, but I don't think a cheerleading rally will be enough to face a harsh, abrupt transition and at my age, I don't have the strength to carry the load for those who do not recognize the severity of what they are creating.

Heading towards my 60's I tend to agree that nothing about the collapse sounds inviting, except that I am grateful I have lived most of my life already.
It would have been hard for me to imagine at a younger age how exhausted and just not up to a major challenge I would be at this stage. I wish this was
denial, but it isn't as I am fully prepped with years of stashed food, clothes, etc. I'm just not looking forward to the chaos and violence.

However, I am sure that if I was younger, especially in my 20's or 30's, a pep talk and utter complete positive energetic gearing up for it would be almost
even thrilling. Bless and protect the best of us to survive it.

[ThePythonicCow]

I want to disagree with Paul on this ... you see the pattern as a "natural" thing but i believe its planned.
I suspect we agree ... I suspect that it has been planned ... again and again and again.

[ThePythonicCow]

The short, simple answer: Diversify, diversify, diversify your money, your savings, your stash. Now.
Yup :).


Pay the commission and stash the resulting bills in your safe deposit box.
Beware of the safety deposit box. Small time thieves break the law when they rob a bank. Big time thieves rewrite the law, decreeing bank theft, of both deposits and boxes.

[Shezbeth]

However, I am sure that if I was younger, especially in my 20's or 30's, a pep talk and utter complete positive energetic gearing up for it would be almost
even thrilling.

You might find if you were at that age group, that the means to adequately plan/prepare to mediate many aspects of the prognosis - resource accumulation and such - are largely/wholly unavailable.

I can think to use many terms to describe the sensation, thrilling not being one of them. But then, this chain of dominoes was set in motion so mind-numbingly long ago that there is absolutely nothing to do about it BUT contest/prepare as one can; Resignation and determination then, being foremost descriptives.

Pep talks are irrelevant imo.

[soleil]

i kind of meant, do away with money all together.

[Etherios]

i kind of meant, do away with money all together.

too early for the humans to do that ... we need time to change our mindset. Maybe a 1st step is going back to assest backed money and then start going to decentralized money. Eventually as you spread the power it will disappear by it self ... no need to force it.

This is why they always want to centralize ... cause with global centralization a debt systems become all powerful. If you had the same system in each village it wouldnt last a day.

[spiritguide]

Pioneers, like aborigines invested their energies into the earths abundance. They survived through trade and barter. What we lose sight of is that at that time a man's word was his bond. Survival meant living up to your word and if you did not it meant no one would work with you and most likely you would be ostracized. Gambling on our future is best done by investing in ourselves and our immediate environment. If we propagate the earth instead of insulating ourselves from her we will have no need for script. We are not made of her to be apart from her, we need to be naturally part of her. Looking away from her will not save her or us, both will dysfunction and falter and no amount of money will correct the spirit of either. IMHO Yes we need a serious change in perception.

Peace!